Chainlink LINK
Current Price
$8.68 -2.44%
$0.3700 Daily Range (4.26%)
$8.55$8.92
$235.81M Daily Volume
3,514 BTC
Vol/MktCap: 3.84%
Market Performance
0.65% Relative BTC Volume
The total volume of Chainlink is $235.81M over the past 24 hours, compared to $36.12B total Bitcoin volume.
Hourly Moving Average
8 SMA $8.64 +0.50%
13 SMA $8.63 +0.62%
21 SMA $8.69 -0.08%
55 SMA $8.79 -1.23%
144 SMA $8.83 -1.65%
Price Performance
+0.27% 1 Hour Change
$8.68 from $8.66
+2.71% 7 Day Change
$0.2352 from $8.44
-4.93% 14 Day Change
-$0.4276 from $9.11
-31.33% 30 Day Change
-$2.72 from $11.40
All Time High
May 10, 2021
$52.70 -83.53%
-$44.02 vs. now
24H Change
-154.50M USD -2.45%
-2,302 BTC
Volume and Supply
Total Supply: 1.00B LINK 
708.10M LINK Available70.81% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.02 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
27.00M LINK
traded over past 24 hours
3.81% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Chainlink AI Market Analysis
Chainlink (LINK) is currently trading at $8.64, experiencing a 24-hour decline of 2.93%. The price is positioned within a daily range of $8.55 to $8.92, indicating volatility but minimal movement, with a daily range of only 0.37%.
The trading volume stands at 234,112,112, representing 3.83% of the market cap, suggesting active trading interest. The short-term moving averages reflect a mixed sentiment: the 8 SMA is slightly up by 0.04%, while the longer 144 SMA shows a more pronounced decline of 2.10%.
The 1-hour RSI at 40 indicates that LINK is approaching oversold territory, potentially signaling a buying opportunity in the near term. In contrast, the 7-day RSI of 51 suggests a neutral trend, while the 14-day RSI indicates bearish momentum, reflecting a price drop of 5.39% over the last two weeks.
Chainlink has seen a significant decline of 31.67% over the past month, which is concerning from a short-term perspective. However, the recent 7-day price change of 2.21% indicates some stabilization, suggesting that LINK could be finding support around the current levels.
Considering these factors, the overall trend remains bearish in the medium term, influenced by the significant monthly loss and declining moving averages. However, the current price level does offer a potential entry point for traders looking to capitalize on a possible rebound, given the oversold conditions indicated by the 1-hour RSI.
In conclusion, the recommendation for Chainlink (LINK) is to Hold. While the current price suggests a potential short-term recovery, the overall trend remains negative, warranting caution for new positions.
The trading volume stands at 234,112,112, representing 3.83% of the market cap, suggesting active trading interest. The short-term moving averages reflect a mixed sentiment: the 8 SMA is slightly up by 0.04%, while the longer 144 SMA shows a more pronounced decline of 2.10%.
The 1-hour RSI at 40 indicates that LINK is approaching oversold territory, potentially signaling a buying opportunity in the near term. In contrast, the 7-day RSI of 51 suggests a neutral trend, while the 14-day RSI indicates bearish momentum, reflecting a price drop of 5.39% over the last two weeks.
Chainlink has seen a significant decline of 31.67% over the past month, which is concerning from a short-term perspective. However, the recent 7-day price change of 2.21% indicates some stabilization, suggesting that LINK could be finding support around the current levels.
Considering these factors, the overall trend remains bearish in the medium term, influenced by the significant monthly loss and declining moving averages. However, the current price level does offer a potential entry point for traders looking to capitalize on a possible rebound, given the oversold conditions indicated by the 1-hour RSI.
In conclusion, the recommendation for Chainlink (LINK) is to Hold. While the current price suggests a potential short-term recovery, the overall trend remains negative, warranting caution for new positions.
Updated 31 minutes ago.
Chainlink Relative Price at Market Cap of:
Chainlink TradingView Chart
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